Popularisation of all costs into only fixed

Assignment Help Business Management

Reference no: EM1373071

1. Popularisation of all costs into only fixed as well as variable costs distort the actual cost behaviour pattern of a firm. Yet businesses rely on this method of cost classification. Comment.

2. The account examination method uses subjective judgment. Therefore we cannot really consider it a valid method of cost estimation. Comment.

Reference no: EM1373071

Questions Cloud

Role of organization in communities : Write dwon a short paragraph refreshing my memory regarding the organization or subdivision of that organization that you're studying in your SLP. Explain the role of your organization in the communities in which it is a member.

Question related to business intelligence : Explain how the article either supports or disproves material in the course and summarize your thoughts and offer suggestions in support of your opinion.

A few years ago tea was a product with comparatively : A few years ago tea was a product with comparatively little growth and was considered to be a product for the old and the middle-aged

Compute the expected profit,variance and standard deviation : Assume that management believes probability of weak demand in 2012 is 25 percent and the probability of strong demand is 75%.

Popularisation of all costs into only fixed : Popularisation of all costs into only fixed as well as variable costs distort the actual cost behaviour pattern of a firm. Yet businesses rely on this method of cost classification

Encroachment of europeans : What contributions to society did folk and elite caudillos bring to Latin American society? What impact did the encroachment of Europeans have upon the New World?

Organizaional behavior-information : Show the primary differences between face-to-face and virtual teams. Explain why the Aberdeen model can or cannot be implemented in other organizations that rely heavily on virtual teams.

Examine how communication in groups differs from individual : Examine how communication in groups differs from individual communication. Are there exclusive challenges to communicating with groups?

Multiple choice questions in finance : To pay for her college education, Gina is saving $2,000 at the starting of every year for next 8-years in a bank account paying 12% interest.

User Account

All Pages